CORPORATE GOVERNANCE REPORT Rex International Holding Limited 117 The responsibility of day-to-day management, administration and operation of the Group are delegated to the Executive Chairman and the Chief Executive Officer of the Group (the “CEO”). In November 2025, the Company announced that the CEO was taking an extended medical leave of absence. The Chief Financial Officer (the “CFO”) then assumed the CEO’s duties as Interim CEO, assisted by the Executive Chairman, senior management and the Board. On 19 March 2026, the CEO stepped down and the Interim CEO/CFO was appointed CEO. Both the past and present CEOs do not sit on the Board of the Company. Both the past and present CEOs have accumulated sufficient and valuable experience to hold their positions in order to ensure that their fiduciary duties can be carried out in an effective and efficient manner. 1.6 Complete, Adequate and Timely Information Management ensures that all Directors are furnished on an on-going basis with relevant, complete, adequate and timely information concerning the Company, to enable them to make informed decisions and discharge their duties and responsibilities. Information provided to the Board include board papers, copies of disclosure documents, budgets, forecasts, business strategies, risk analyses and assessments, internal financial statements and reports from the internal and external auditors. Most of the information distributed on electronic devices to the Board are password protected for added cyber security. The Board has unrestricted access to the Company’s records and information. Management recognises the importance of circulating information on a timely basis to ensure that the Board has adequate time to review the materials to facilitate a constructive and effective discussion during the scheduled meetings. As such, Management endeavours to circulate information for the Board meetings at least one week prior to the meetings to allow sufficient time for the Directors’ review. 1.7 Directors have separate and independent access to Management, the Company Secretary, and external advisers (where necessary) at the Company’s expense. The appointment and removal of the Company Secretary is a decision of the Board as a whole. Board’s Independent Access to Management Management is available to provide explanatory information in the form of emails, telephone conferences or briefings to the Directors or formal presentations in attendance at Board meetings, or such information can also be provided by external consultants engaged on specific projects. Directors are also provided with contact details of key management personnel to facilitate direct and independent access to Management. Management will also provide any additional material or information that is requested by Directors or that is necessary to enable the Board to make a balanced and informed decision or assessment of the Group’s performance, position and prospects. Meetings with subsidiaries, partners and consultants through overseas trips are also arranged, whenever possible. The Executive Chairman also provides frequent information updates to other fellow Directors through emails, telephone conferences and informal meetings. Furthermore, the Management keeps the Board apprised of regulatory updates and implications, as well as significant project updates.
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